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Leivis Eduardo
Leivis Eduardo is 21-years-old, is married, and lives with his wife and daughter who are his main priority. With his loan he will buy fertilizer and other products for sowing. This way he will have a good germination and seeds of beans that are good quality. Additionally, he will pay a workforce for the application of products and help in the plantation once he has growing harvest. This way he will be able to complete good work.

He wants to take advantage of the good climate, good soil for this cultivation, and also take advantage of his experience for several years working with basic grains. Also he wants to be able to buy the best products of the best quality so that his plantation has a good crop, have a healthy suitable crop, and to have a short-term important production.

With the income from the crops he hopes to be able to use it for the well-being and studies of his family. He hopes to accomplish some family goals and continue to invest in more crops.

This is the first loan that he has received from Fudecosur. He has not had loans before, but Fudecosur has provided the loan with greater ease and much lower interest rates.
View original language description ↓
Leivis Eduardo, tiene la edad de 21 años, está casado, vive con su esposa y su hija, los cuales su mayor prioridad. Con su crédito pretende hacer la compra de fertilizantes y otros productos para aplicarle a la siembra y así que tenga una buena geminación, y semilla de frijol de buena calidad, además pagar mano de obra para la aplicación de los productos y asistencia de la plantación una vez que tenga desarrollo, y de esta manera asegurarse de realizar un buen trabajo. Lo que pretende es aprovechar las buenas condiciones de clima y suelo que cuenta la zona para este cultivo, y también aprovechar la experiencia de varios años en el manejo de granos básicos. Además de poder comprar los mejores productos y de mejor calidad para que su plantación tenga un buen desarrollo y sanidad al igual que una cosecha adecuada, y tener a corto plazo una producción importante. Con el ingreso de la cosecha que espera obtener quiere utilizarla en el bienestar y estudio de su familia y cumplir con algunas metas familiares y seguir invirtiendo más en los cultivos. Es el primer préstamo que recibido de FUDECOSUR. Él no había tenido antes otros préstamos en bancos estatales, pero FUDECOSUR le ha brindado el préstamo con mayores facilidades y la tasa de intereses mucho más baja.



Additional Information

More information about this loan

FUDECOSUR works in one of the poorest regions of Costa Rica, where microfinance institutions (MFIs) are scarce or have a hard time keeping up with demand for small loans. By providing mostly agricultural loans, FUDECOSUR reaches rural borrowers that many MFIs consider to be too risky. However, this has also made it more difficult for the organization to find stable sources of capital to lend. Kiva's flexible, risk-tolerant capital plays a critical role in helping FUDECOSUR grow its portfolio and support even more borrowers.

About FUDECOSUR:

The Foundation for the Development of Southern Communities (FUDECOSUR) is dedicated to economically empowering its clients by providing credit and training programs that help improve living conditions for micro-entrepreneurs and their children across Southern Costa Rica. You can learn more about this Field Partner at fudecosur.org.

Tags

About Costa Rica

  • $11,100
    Average annual income
  • 50
    View loans »
    Costa Rica Loans Fundraising
  • $4,308,175
    Funds lent in using Kiva
  • 500.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Leivis Eduardo to harvest beans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 10, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 28, 2014